NOT LISTED FOR SALE

5040 Teal Ct Winston Salem, NC 27127

Estimated Value: $236,000 - $268,000

3 Beds
2 Baths
1,300 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $122,000 $94 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,471/month

58 Days on Market

Highlights

  • Attic
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2017

Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA. Get rewarded for rental payments and more through FirstKey Homes Rewards - a rewarding and fun loyalty program. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast!

3 bedroom, 2 bathroom rental home in Winston-Salem, NC, may be just the home for you.

FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent—you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities – including St. Louis and Chicago – require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through Craigslist, SocialServe, LetGo, Facebook Marketplace or other classified advertising services. All applications and lease signing can only be completed through using the RentCafe portal. We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home.
This property allows self guided viewing without an appointment. Contact for details.

Last Agent to Sell the Property

Marco Peregrina

Keller Williams Realty License #217554 Listed on: 06/02/2017

Keller Williams Realty

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #275359

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned RS-9

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Hidden Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6832008451
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Hidden Creek
  • Directions: Hwy52S, R Hickory Tree Road, R Hidden Creek Road, R Sailway Road, L Walden Ridge, L Teal Drive, R Teal Court.
  • Above Grade Finished Sq Ft: 1170
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1170
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Paved, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6832008451
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 710555.5556
  • TRIADMLS_DeedPage: 02694
  • TRIADMLS_DeedBook: 003146
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 814
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Fkh Sfr Propco Bhld Lp
Bought by
Fkh Sfr Propco Bhld Lp
Current Estimated Value
$251,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,930,700
Outstanding Balance
$30,991,316
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$30,739,600

Purchase Details

Closed on
Mar 20, 2018
Sold by
Eph 2 Assets Llc
Bought by
Cerberus Sfr Holdings Lp

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 28, 2017
Sold by
Santana Rafael Antonio and Santana Maribel
Bought by
Eph 2 Assets Llc
Seller's Agent
Marco Peregrina
Keller Williams Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$127,900
Sold Price
$122,000
Premium/Discount to List
-$5,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Sep 18, 2013
Bought by
Santana Rafael and Amador Vizcaino Santa

Purchase Details

Closed on
Sep 10, 2004
Sold by
Shugart Enterprises Llc
Bought by
Amador Rafael Santana and Viscaino Santa Amador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fkh Sfr Propco Bhld Lp -- Os National Resware
Cerberus Sfr Holdings Lp $1,048,216 None Available
Eph 2 Assets Llc $122,000 None Available
Santana Rafael $110,000 --
Amador Rafael Santana $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco Bhld Lp $249,930,700
Previous Owner Amador Rafael Santana $109,900
Previous Owner Shugart Enterprises Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Off Market $1,530 -- --
07/24/2025 07/24/25 Price Changed $1,530 -1.9% $1 / Sq Ft
07/17/2025 07/17/25 Price Changed $1,560 -4.0% $1 / Sq Ft
07/10/2025 07/10/25 Price Changed $1,625 -4.1% $1 / Sq Ft
07/03/2025 07/03/25 Price Changed $1,695 -4.0% $1 / Sq Ft
06/19/2025 06/19/25 Price Changed $1,765 -3.0% $2 / Sq Ft
06/12/2025 06/12/25 Price Changed $1,820 -2.9% $2 / Sq Ft
05/17/2025 05/17/25 For Rent $1,875 0.0% --
08/28/2017 08/28/17 Sold $122,000 -4.6% $122 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $127,900 -- $128 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,091 $142,300 $30,000 $112,300
2022 $1,063 $142,300 $30,000 $112,300
2021 $1,063 $142,300 $30,000 $112,300
2020 $909 $111,400 $25,000 $86,400
2019 $920 $111,400 $25,000 $86,400
2018 $871 $111,400 $25,000 $86,400
2016 $814 $103,573 $30,000 $73,573
2015 $814 $103,573 $30,000 $73,573
2014 $800 $103,573 $30,000 $73,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 837360

Triad MLS

APN: 6832-00-8451